Here’s a San Francisco Super Special, courtesy of Burbed reader Petsmart Groomer!  Thanks very much for finding more listings for over a thousand a foot!  Too bad this one is… you guessed it.  Pending!

501 Beale St Unit 10h
San Francisco, CA 94105
$1,174,900

BEDS:  2
BATHS:  2
SQ. FT.:  1,161
$/SQ. FT.:  $1,012
HOA DUES:  $750/month
LOT SIZE:  -
PROPERTY TYPE: End Unit, Luxury, Condominium
STYLE: Contemporary
VIEW: Panoramic, City Lights, Bay, San Francisco
YEAR BUILT:  2006
COMMUNITY:  South Beach
COUNTY:  San Francisco
MLS#:  397084
SOURCE:  San Francisco MLS
STATUS: Pending
ON REDFIN:  55 days
Beautifully staged by Arthur McLaughlin. Corner unit at the Watermark. Panoramic views to East & South. Large private balcony. Maple floors, marble baths, Lutron lighting, s/s appliances, custom window coverings, 24 concierge, fitness center, pool & BBQ.

And here’s why PG brought you this confounded contemporary condo:

Because who staged the place is very important!

Almost as important as how much the HOA dues are on this puppy: $750 a month!  Which is actually a bargain, because that includes two bedrooms, two bathrooms, and most of all, one, count ‘em, ONE parking space!

But who knew that San Francisco could cost almost as much as Mountain View?

Must be because of million dollar views like this one.

Here’s another San Jose Special from one of our frequent correspondents, Burbed reader Tracy Tea House!  Thanks very much for this Berryessa beauty, which has been snapped up by some lucky buyer. 

11260 CANYON Dr
San Jose, CA 95127
Listed for $699,000; Sold for $640,000 on 6/16/2012

BEDS:  3
BATHS:  3
SQ. FT.:  2,952
$/SQ. FT.:  $217
LOT SIZE:  0.48 Acres
PROPERTY TYPE: Detached Single Family
STYLE: Ranch
STORIES: 1
VIEW: Neighborhood
YEAR BUILT:  1964
COMMUNITY:  Berryessa
COUNTY:  Santa Clara
MLS#:  81213632
SOURCE:  MLSListings
STATUS: Sold

WOW!WHAT A GREAT VALUE * GORGEOUS SWEEPING VIEW OF THE GOLF COURSE AND CITY LIGHT * ENJOY IT ON THE LARGE DECK * PRIVATE POOL AREA * IN DOOR SAUNA ROOM * HUGE BED ROOMS * HUGE LIBRIRY AND OFFICE * SUPER PRIVATE AND SERENE LOCATION * SURROUNDED BY MULTI MILLION DOLLAR HOMES * 3 MUNITES DRIVING TO 680

Here’s what Tracy had to say when submitting this property to our attention:

Something is probably truly wrong with this house! But what? We fell in love with the massive decks, tiki torches, groovy pool, amazingly large rooms, with indoor sauna and all over swag. The tee is directly out the back door and people are literally hitting golf balls feet from the deck. I think my dogs would have gone crazy!

Now the down sides. Shorty short sale, the price is very, very low, considering, and there are water problems. Some obvious, but I suppose, some hidden much deeper, with the big hill above. The house was pending shortly after we looked at it, and fell out, so its back on the market. A true treasure? Or a California size boondoggle?

All this, and only 3 MUNITES DRIVING TO SAN JOSE.  Are MUNITES more or less time than MINTUES?  We know, the unit of time used on the WORLD RENOWN SAN FRANCISCO PENINSULA are MINTUES.  But if you know the way to San Jose, you can conquer both time and space.

Don’t believe us?  Look at all 25 pictures of this listing and figure out what’s missing.  Go ahead, we’ll wait.

Did you figure it out?  Here’s a hint, courtesy of teh Google.

Yes, 25 pictures (several of the same exact tree), and not one of what the house itself looks like.  No wonder you have to ENJOY IT ON THE DECK instead.  At least you would be SURROUNDED BY MULTI MILLION DOLLAR HOMES.

Um.  Thank you, Zillow.  Opportunities to play with the Red Arrows are always appreciated.

Too bad the realtard didn’t find a dictionary in the HUGE LIBRIRY.

Today’s listing is another outlier to the hot, hot, HOT housing market in Mountain View.  Maybe you can spot what’s wrong with this house, because just about everything else is flying off the shelf.  Thanks very much to Burbed reader Petsmart Groomer for this leftover listing.

590 PENNY Ln
Mountain View, CA  94043
$825,000

BEDS:  3
BATHS:  2.5
SQ. FT.:  1,196
$/SQ. FT.:  $690
HOA DUES:  $174/month
LOT SIZE:  3,255 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Contemporary
STORIES: 2
VIEW: Neighborhood
YEAR BUILT:  2002
COMMUNITY:  Rengstorff
COUNTY:  Santa Clara
MLS#:  81214154
SOURCE:  MLSListings
STATUS: Active
ON REDFIN:  68 days

Welcome to Penny Lane, where homeowners can enjoy living in the heart of Silicon Valley. New construction home replete with modern amenities and detached garage.

Replete?  Somebody was paying attention when those SAT words were passed around.

Now we need another word for wtf is going on with the garage (above).  The Beatles song it calls to mind is NOT “Drive My Car” because you’re never going to get it past those killer zombie vines.

Here’s a picture of the front of the house, just in case you suspect the agent took that bizarre first shot because there’s something to hide.

Oh no, it’s too late!  The whole house is GONE!  If you can hack your way through, maybe there’s a sleeping princess in there.  Could it be Lovely Rita?

Ever thought about building you very own family compound?  Now you can!  These neighboring homes are for sale, so why not buy both?  Thanks very much to Burbed reader amer_icongrl for sending us these San Mateo specials.  And we promise, these are Real Special.

3815 EDISON St
San Mateo, CA 94403
$599,000

BEDS: 2
BATHS: 1
SQ. FT.: 1,040
$/SQ. FT.: $576
LOT SIZE: 5,490 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 1
YEAR BUILT: 1946
COMMUNITY: Westwood Knolls
COUNTY: San Mateo
MLS#: 81222217
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 5 days

CHARMING WESTWOOD KNOLLS HOME! LOCATED ON THE WORLD RENOWN SAN FRANCISCO PENINSULA, WITHIN MINTUES FROM SCHOOLS, SHOPPING CENTERS, TRANSPORTATION AND THE SAN FRANCISCO INTERNATIONAL AIRPORT! THIS HOME FEATURES GLEAMING HARDWOOD FLOORS, AN UPDATED EAT IN KITCHEN WITH GRANITE COUNTER TOPS, FRENCH DOORS LEADING OUT TO A PRIVATE PATIO AND AN ATTACHED GARAGE! HURRY! THIS HOME WON’T LAST LONG!

..but wait, there’s more!

3821 EDISON St
San Mateo, CA 94403
$596,600

BEDS: 2
BATHS: 1
SQ. FT.: 1,040
$/SQ. FT.: $574
LOT SIZE: 5,490 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 1
VIEW: Neighborhood
YEAR BUILT: 1946
COMMUNITY: Westwood Knolls
COUNTY: San Mateo
MLS#: 81219113
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 27 days

Great starter home on the west side featuring two bedrooms and one bath. Nice large deck, yard, views and more. This is your oppportunity. .. don’t miss it

We’ve got plenty about both houses… after the break.

(more…)

Fire up your tardis and set the controls for two days ago, because there was an Open House on this Evergreen estate and you probably missed it!  Thanks very much to Burbed reader Swan for this bodacious botch-up.

3545 EDGEMAN Ct
San Jose, CA 95148
$6,399,999

BEDS: 4
BATHS: 3
SQ. FT.: 2,699
$/SQ. FT.: $2,371
LOT SIZE: 0.26 Acres
PROPERTY TYPE: Detached Single Family
STYLE: Contemporary
STORIES: 2
YEAR BUILT: 1987
COMMUNITY: Evergreen
COUNTY: Santa Clara
MLS#: 81219851
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 22 days

Evergreen High School. Open house this Saturday, June 16, 2012, from 2-4pm. PRICE REDUCED 60K. BUYERS RUSH TO SEE THIS PROPERTY. EXCELLENT SCHOOLS. SPACIOUS 4 BEDROOM WITH 1 BEDROOM DOWNSTAIRS. AMAZING DEAL WILL NOT LAST. This is a shortsale with 1 lender only. Will close fast. PLEASE DO NOT CALL. FOR ANY QUESTIONS PLEASE EMAIL alexiatnguyen@gmail. com

Here’s what Swan has to say about THAT:

Really?  $6.3 million in Evergreen?  I think it will be around for awhile.

Talk about a typo.  Listed for $699K  on May 31, price changed to $6,399,999 on June 15.  That’s some price change!

Hope you get to see this before they correct it!

Correct it?  They’re lining up the armored cars for the outsized overbidding that’s going to result from this masterly marketing maneuver.  And it’s not as if this home price history hasn’t already experienced the thrill of victory, and the agony of defeat.

It’s participated in the run-up, peak, and bust of the previous real estate bubble, 3 sales within five years!  Now, after staying with the same owners for almost 20, it will be selling shortly.  Or at least it would if the realtard had counted how many nines she entered.

So here’s one last look at the house, courtesy of Google Streetview. Place your bets on how quickly the new price ends up in that trash bin.

Update: This amazing deal did not last.

Have you ever realized that you aren’t spending enough of your time parking all of your cars?  Why not buy a house that fixes that terrible lack in your life?  After all, pure parking pleasure requires just the right property, and perhaps this is the perfect palace!  Thanks much to Burbed reader Michael Boltonestater for this beauty of a building in Belmont!

820 EL CAMINO REAL
Belmont, CA 94062
$669,000, reduced from $709,000

BEDS: 5
BATHS: 3
SQ. FT.: 2,200
$/SQ. FT.: $304
LOT SIZE: 3,250 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Mediterranean
STORIES: 2
VIEW: City Lights
COMMUNITY: Belmont Country Club
COUNTY: San Mateo
MLS#: 81211546
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 76 days

Single family home locate on commercial zoon, city may allow home office use for light industry. Interest party need to confirm with city ordiance. 3 bedroom 2 bath upstairs (one master), two additioanal bedroom 1 bath downstairs done with permit. Spacious garage park up to 4 cars tandem.

Today’s featured house convenient to, well, everything (how much more central can you get than the Street of Kings?).  Plus, by only including one photo the agent has made it easy for you to review this listing as quickly as possible.  Not only that, this house is even more Special than you think.  It’s been on Burbed before!

Wow, you can buy it for less than its 2009 asking price, despite it being in the middle of a red-hot market.  And that’s an old asking price, because the home was delisted the day before it appeared here back in 2009. 

Also we just had to sneak in this really old listing picture from when it sold in 2000.  For $535,000.  Think of how much this place is really worth now!  And there’s more good news!  The Redfin agent has done the legwork so you don’t have to.

This location is perfect.  If you don’t already have four cars, step next door and buy them.

Don’t like what they’re selling next door?  No problem at all!  Just head across the street to the CalTrain station and check out what’s chillin’.

Look, you’re a busy person.  This house has a four car garage.  That works out to 25 years per covered parking space.  Now that’s a DEAL.

Friday’s featured find on Waverley escalated the eager entries in its comment thread, so let’s continue our pursuit of Palo Alto property with another home on the same superb street.  Thanks very much to Burbed reader Wendie for these proactively priced premises.

Also, we’re feeling a bit miffed at Redfin for not linking back to us for several weeks, so we’ll use the site Wendie provided instead.  Here’s the Redfin link if you prefer their entry, which confirms the price per square foot.

2051 WAVERLEY ST, Palo Alto, CA 94301
Offered at: $11,495,000 — Active

An Exceptional, One-time Opportunity To Own An Extremely Rare, Immense 26,344 sq ft lot (buyer to verify) in the Old Palo Alto Legendary Locale. On the corner of Santa Rita Ave & Waverley St, this dream building site is located in the prime, heart of Old PA. This premiere flat 0.6 acre lot also includes the existing 2,651 sq ft, 5BR/4BA home built in 1929.

MLS: 81216663
Type: Detached Single Family
Bedrooms: 5
Bathrooms: 4 Full
Interior: 2,651
Lot Size: 26344
Garage: Detached,2 Car Garage
Year Built/Age: 1929
Walk Score®: 58

Here’s why Wendie sent this one in:

Look! For $4,300 per square foot, YOU can live across the street from Steve Jobs’ home!

Big lot, big location!  Why do you care what the house looks like?  What’s more important is who you’re going to run into if you need to borrow a cup of sugar silicon.

Too bad this property is diagonally across from Waverley Oaks, or Larry Page would snap it up.

Here’s a glimpse from the side, courtesy of Larry’s fleet of mobile spycams. This is a better look at any of the structures than you’ll see on the actual listing.  Then again, can one actually price a home too highly in Palo Alto?  It’s been on the market for 37 days and counting, so place your bets!

We continue our look at crapboxen lower-priced homes.  Here’s another more affordable property that you can no longer purchase because someone beat you to it.  Didn’t we tell you the market was hot, hot, hot?  Why aren’t you running out there and buying a house right now?  Do you want to be PRICED OUT FOREVER?

Thanks very much to Burbed reader Petsmart Groomer for passing along this excellent property in East Palo Alto.

533 WEEKS St
East Palo Alto, CA 94303
$260,000

BEDS: 2
BATHS: 1
SQ. FT.: 1,170
$/SQ. FT.: $222
LOT SIZE: 6,325 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Traditional
STORIES: 1
YEAR BUILT: 1947
COMMUNITY: East of U.S. 101
COUNTY: San Mateo
MLS#: 81214470
SOURCE: MLSListings
STATUS: Pending With Release
ON REDFIN: 41 days

great property for invester or first time hom buyer.

Here’s why PG shared this home with you:

9 words, 2 typos.  Close to Facebook, though.

And since a picture is worth a thousand words, best we share the rest of the photos.

Isn’t this place charming?  Now look at the Google Streetview.

Curb appeal!

Let’s finish out the week with another find in San Francisco. Once those Facebookers get their hands on all that IPO money, lots and land there are going to be made out of unobtainium.  Thanks very much to Burbed reader Petsmart Groomer for this SoMa spot, ready for your serendipity.

1376 Harrison St
San Francisco, CA 94103
$699,000

BEDS: –
BATHS: –
SQ. FT.: –
LOT SIZE: 2,374 Sq. Ft.
PROPERTY TYPE: Lots & Acreage
COMMUNITY: South of Market
COUNTY: San Francisco
MLS#: 392692
SOURCE: San Francisco MLS
STATUS: Active
ON REDFIN: 126 days

Billboard on Site

This urban homestead, or Garage 4.0, depending on what use you feel is best, ready for you to build upon.  But there’s so much more than a generous half of a tenth of an acre lot.  There’s also a steady stream of hard liquor advertising dollars, too.

Well, the billboard seems attached to the building next door, but we didn’t say the advertising payments would be going to you.  The agent just notes there is a “Billboard on Site”. 

The photo also reveals that you’re close to transit.  Real close.  So let’s get a better picture of the lot, courtesy of Google Streetview.

Billboard still on site.  Facebook’s better watch out for you!

Some cities are more compliant than others in providing BMR (Below Market Rate) housing.  Perhaps Menlo Park will be getting off the “But we don’t have any below market residents” excuse pot.

Menlo Park eyes below-market rental housing

HIP Housing proposes deal with Menlo Park

by Sandy Brundage, Almanac Staff

The city of Menlo Park has its eye on a Willow Road apartment complex that might be purchased for use as below-market-rate rental housing — something that currently doesn’t exist in Menlo Park.

The 12-unit complex, located at 1157-1161 Willow Road, comes with a price tag of around $2 million, according to a representative from HIP Housing, a nonprofit organization that specializes in finding below-market-rate housing and hopes to partner with Menlo Park on the deal.HIP currently operates 13 rental properties in San Mateo County.

The Willow Road complex would rent nine units to people earning less than 50 percent of the regional median income of $81,300, and three units to those making less than 30 percent. Rent at the complex would fall in the range of $610 to $1,016, according to a staff presentation.

A real estate listing described the property as vacant and partially renovated; it also said the complex had won a renewable energy award for upgrades such as solar panels and efficient lighting. Laundry and parking are available on site.

The apartment buildings are not currently for sale (the first is pending, the second is merely delisted).  They were built in 1958.  If you want to dig deep into the offering memorandum for the two buildings, have a look at this PDF.  And check out the pictures.  Solar panels!  Sweet!

Assuming the rental numbers are correct, that would give this complex a rent ratio of 10.26.  BUY!!!!!!!!  Then again, I’m not sure I trust these numbers.  Notice something hinky here?

While Burbed has yet to amass a huge portfolio of investment property, even we can tell the difference between a 5 and a 50% vacancy rate.  This is another great reminder of how Real Estate Professionals deserve those hefty commissions, whether commercial or residential.

Discuss this neighborhood, older apartment homes like these, BMR housing, any Open Houses you visited, or anything else you can think of. Yes, this is your weekend open thread.